DOJ calls Apple’s privacy justifications an ‘elastic shield’ for financial gains

The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of molding its privacy and security practices in ways that benefit the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and security justifications as an elastic…

Read More

Here’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised

Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the co-founders, much of the staff and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell The Information that it’s plunking out approximately…

Read More

Coalition including Epic, Spotify, Deezer, Match Group and others applaud DOJ’s Apple suit in statement

The Coalition for App Fairness (CAF) released a statement on Thursday cheering on the Department of Justice’s antitrust lawsuit against Apple. The group includes a number of key app makers, including Epic Games, Spotify, Deezer, Match Group, Proton and others. “With today’s announcement, the Department of Justice is taking a strong stand against Apple’s stranglehold…

Read More

Greenly lands $52M to help smaller companies track CO2 emissions

Plenty of major corporations have announced net-zero emissions targets. And while that alone won’t be enough to move the needle on climate change, these targets have gotten the ball rolling. Those net-zero goals are trickling down, too, influencing companies throughout the supply chain. Well-capitalized companies can track these carbon emissions throughout their operations by employing…

Read More

The Browser Company raises $50M at a $550M valuation

The Browser Company, which makes the Arc browser, has raised $50 million in a round led by Pace Capital at a $550 million valuation, TechCrunch has learned exclusively. The company’s head of storytelling, Nashilu Mouen, confirmed the investment to TechCrunch. “Now, more than ever, we continue to believe that the successor to the personal computer…

Read More